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| Titre : | Skill Premiums and the Supply of Young Workers in Germany (2021) |
| Auteurs : | Albrecht Glitz ; Daniel Wissmann |
| Type de document : | Article : texte imprimé |
| Dans : | Labour economics (vol. 72, October 2021) |
| Article en page(s) : | Article 102034 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ AGE ; SALAIRE ; INEGALITE SALARIALE ; COMPETENCE ; NIVEAU DE FORMATION ; MUTATION TECHNOLOGIQUE ; RELATION FORMATION-EMPLOI ; MIGRATION ; TRAVAILLEUR MIGRANT ; ECONOMETRIE ; MODELISATION ; ALLEMAGNE |
| Résumé : | In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We show that the significant increase in the medium-to-low skill premium since the late 1980s was almost exclusively concentrated among workers aged 30 or below. Using a nested CES production function framework which allows for imperfect substitutability between young and old workers, we show that changes in relative labor supplies can explain these patterns very well. A cohort-level analysis reveals that distinct secular changes in the educational attainment of the native population are the primary source of the declining relative supply of medium-skilled workers in Germany. Low-skilled immigration, in contrast, only plays a secondary role in explaining the rising lower-end wage inequality in Germany over recent decades. |
| Document Céreq : | Non |
| En ligne : | https://doi.org/10.1016/j.labeco.2021.102034 |
